09/05/18

Good Evening, Tech sold off hard and the rest of the market was mixed as investors blamed ongoing trade tensions between Washington and its major economic allies as catalysts for the declines. Renewed turmoil in emerging markets also led to a defensive tone in trading that has lifted the U.S. dollar to the highest level in two weeks. There was also more talk of a contagion. Anytime you want the market to sell off just mention that word whether it’s credible or not. Investors panic at the mere mention of the word and you all know what we say here “Panic is not a strategy”! At any rate the market was due for some profit taking after a nice run in August and as far as I’m concerned it really didn’t need an excuse. If course I would be amiss not to mention that fact that it’s September and we should expect some seasonal weakness. Either way I’m not overly concerned. The upward trend is still in tact.

The days trading left us with the following results: Our TSP allotment gave up -0.51%. For comparison, the Dow added +0.09%, the Nasdaq lost -1.19%, and the S&P 500 fell -0.28%.

 

Nasdaq ends down more than 1 percent as tech shares fall

The days action left us with the following signals: C-Buy, S-Buy, I-Sell, F-Neutral. We are currently invested at 100/S. Our allocation is now +11.67% not including the days results. Here are the latest posted results:

 

09/04/18 Prior Prices
Fund G Fund F Fund C Fund S Fund I Fund
Price 15.8375 17.9104 41.2743 54.5736 29.8877
$ Change 0.0052 -0.0481 -0.0645 -0.1149 -0.3650
% Change day +0.03% -0.27% -0.16% -0.21% -1.21%
% Change week +0.03% -0.27% -0.16% -0.21% -1.21%
% Change month +0.03% -0.27% -0.16% -0.21% -1.21%
% Change year +1.91% -1.13% +9.74% +12.60% -3.14%
  L INC L 2020 L 2030 L 2040 L 2050
Price 20.0692 27.7351 32.0893 35.1152 20.4319
$ Change -0.0175 -0.0415 -0.0953 -0.1256 -0.0834
% Change day -0.09% -0.15% -0.30% -0.36% -0.41%
% Change week -0.09% -0.15% -0.30% -0.36% -0.41%
% Change month -0.09% -0.15% -0.30% -0.36% -0.41%
% Change year +2.65% +3.14% +4.40% +4.89% +5.34%

 

 

 Now lets take a look at the charts. All signals are annotated with green circles. If you click on the charts they will become larger.
C Fund:
S Fund:
I Fund: The I Fund generated an overall sell signal today when the PMO, MACD, and Wms%R joined price in a negative configuration. That puts all our indicators in negative configurations with an SCTR below 40. Sell!
F Fund:
Yeah, it was a bad day. Nonetheless, I’m still praising God for his guidance of our group. I’m thankful for the nice return that we’ve generated so far and look forward to adding to it in the months to come. That’s all for tonight. Have a great evening and may God continue to bless your trades.
God bless, Scott 8-)
 
 ***Just a reminder that you can review the performance of our allocation at the Web Site TSPTALK.com in the autotracker section under the screen name KyFan1.
 
 
I produce and publish this blog as both a ministry and for the benefit of any Federal Government Employee. This is done to offer you some guidance as to how to approach your retirement more financially successful. When it is time for you to retire, I recommend you utilize the services of a Professional Money Manager, who works with a reputable investment firm. He understands the guidance you have already received and he can manage your savings assets utilizing a more advanced investment program into the future. 
 
If you would like to receive more information about this introduction, please feel free to contact me at  KyFan1@aol.com. 

 

 

 

 

 

 

 



Written By

Scott Grimes

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